India’s labor-intensive export sectors, including textiles, diamonds and seafood are bracing for a major shock as an additional 25% U.S. tariff on Indian goods is set to take effect on August 27. All eyes are on August 27 when US President Donald Trump’s secondary sanctions of 25%—besides the 25% reciprocal tariffs already in effect from […]
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Set to take charge by end of August, sources say Narayanan’s immediate task would be to clean up and overhaul the operations of the lender. Ravi Narayanan, former Group Executive of retail liabilities, branch banking and products of Axis Bank has been appointed as CEO of SMFG India Credit, according to sources in the know. […]
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MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up to Rs.1 lakh in less than 15 minutes. Public sector lender State Bank of India (SBI) on Monday announced MSME Sahaj, an online business loan solution for MSMEs to avail credit against their Goods and […]
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The Income Tax Department, in a recent notification, has mandated that taxpayers link their Permanent Account Number (PAN) with their Aadhaar by May 31, 2024, after this date your PAN will become Inoperative and will be of no use as you cannot use if for any financial transaction, KYC, leads to higher tax deductions, cannot File […]
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